Schwab 1000 Index ETF $SCHK Stake Boosted by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. grew its holdings in shares of Schwab 1000 Index ETF (NYSEARCA:SCHK) by 4.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,526,887 shares of the company’s stock after purchasing an additional 97,075 shares during the period. Schwab 1000 Index ETF makes up about 5.6% of Armstrong Advisory Group Inc.’s portfolio, making the stock its 5th biggest holding. Armstrong Advisory Group Inc.’s holdings in Schwab 1000 Index ETF were worth $82,882,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Stevens Capital Partners boosted its holdings in Schwab 1000 Index ETF by 4.0% in the third quarter. Stevens Capital Partners now owns 12,720 shares of the company’s stock worth $409,000 after acquiring an additional 489 shares in the last quarter. Beacon Pointe Advisors LLC increased its holdings in shares of Schwab 1000 Index ETF by 3.3% during the second quarter. Beacon Pointe Advisors LLC now owns 15,563 shares of the company’s stock valued at $464,000 after acquiring an additional 495 shares in the last quarter. AlphaCore Capital LLC increased its holdings in shares of Schwab 1000 Index ETF by 15.6% during the second quarter. AlphaCore Capital LLC now owns 3,696 shares of the company’s stock valued at $110,000 after acquiring an additional 500 shares in the last quarter. Clearstead Advisors LLC raised its position in shares of Schwab 1000 Index ETF by 1.7% in the 3rd quarter. Clearstead Advisors LLC now owns 33,877 shares of the company’s stock valued at $1,088,000 after purchasing an additional 564 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in Schwab 1000 Index ETF by 0.9% in the 2nd quarter. Cetera Investment Advisers now owns 69,793 shares of the company’s stock worth $2,081,000 after purchasing an additional 599 shares in the last quarter.

Schwab 1000 Index ETF Trading Down 1.5%

NYSEARCA SCHK opened at $31.28 on Friday. Schwab 1000 Index ETF has a 12-month low of $23.18 and a 12-month high of $33.62. The company has a fifty day simple moving average of $32.94 and a two-hundred day simple moving average of $32.61. The stock has a market cap of $4.68 billion, a P/E ratio of 25.42 and a beta of 1.02.

Schwab 1000 Index ETF Profile

The Schwab 1000 Index ETF (SCHK) is an exchange-traded fund that is based on the S&P Schwab 1000 index, a proprietary market-cap-weighted index that includes 1,000 of the largest US-listed stocks. SCHK was launched on Oct 11, 2017 and is managed by Charles Schwab.